Saga have traded 'in line with expectations' for the period from 1 February to 31 May 2018. Saga branded retail insurance policies increased by approximately 1% year on year, supported by 30% and 14% growth in motor and home new business policies, respectively. Total retail insurance policies for the period were flat, due...
National Express has bought a 60% stake in US firm WeDriveU for $84.3 million. WeDriveU provides employee shuttle services to many of the largest Fortune 500 companies in Silicon Valley and the broader San Francisco Bay Area. It also has a presence in...
Housebuilder Bellway expects total revenue to rise by over 12% to almost £1.5 billion, as demand for affordable new homes remains strong. Bellway expects the number of housing completions to rise by 5.6% to 5,007, with the average selling price rising by 6.5% to...

Dunhelm sales up by 9%

Dunhelm, one of the UK’s largest homeware retailers, have reported a 9 per cent increase in like-for-like sales for the last quarter. Store revenue increased by 5.7% to £246 million, with online sales up by 37.9% to £36 million. The...
Coca‑Cola HBC, a leading bottler of The Coca-Cola Company, has bought Bambi for €260m. Bambi, established in 1967, is Serbia's leading regional confectionery business, manufacturing a range of products including biscuits, wafers and savoury snacks. In 2018, Bambi recorded revenue of...
The Carphone Warehouse, owned by Dixons Carphone, have announced plans to close 92 stores this year, stating that they won’t tolerate the current performance in mobile, or as a Group. Dixons Carphone expects pre-tax profits in the year 2017-18 to be £382 million, but then fall to £300 million in 2018-19. The...

ITV online viewing up 32%

ITV plc have delivered a strong performance in 2018 with online viewing up 32%, driven by mobile devices, connected TV and streaming media players. The ITV Hub (formerly ITV Player), the online home for all of the channels' content, ...
Marks and Spencer have announced the next tranche of UK stores proposed for closure as it reshapes its UK store estate in line with its target to take at least a third of sales online. M&S plan to close over 100 stores by 2022, including 21 that have already closed...
50 Stores to close and 800 jobs at risk Mothercare has received approval for a rescue plan known as a Company Voluntary Arrangement or CVA, following the creditors' meetings today. The company will be able to continue to trade as a going concern under the control of its directors. Although today's approval prevents Mothercare...
Tesco have announced plans to form a long-term 'strategic alliance' with French company Carrefour. Carrefour is one of the largest hypermarket chains in the world, operating 12,300 stores across 30 countries and employs almost 375,000 people worldwide.. @Tesco and @CarrefourGroup to create long-term strategic alliance: https://t.co/lC3FDYkVBE — Tesco News (@tesconews) July 2,...

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